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News
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LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028
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LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.
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Industry News
House May Require DOE Comment on Standard Market Design
LCG, Sep. 9, 2002--The Secretary of Energy, Spencer Abraham, would be required to file a report on the possible effects of implementing the Federal Energy Regulatory Commission's "standard market design" rules, according to a bill passed by the U.S. House Appropriations Committee.The bill would need to be passed as part of a larger $26 billion energy and water spending bill before both the House and Senate. Among the subject areas the committee is interested in are regional wholesale and retail electricity prices, tarrif oversight by state utility commissions, transmission reliability and infrastucture enhancement."Standard market design" is scheduled to apply to all market regions, which would operate under a unified network tariff by Sep. 30, 2003. FERC intends the rules to bring about lower costs and greater access for competing suppliers, while some utility commissions and state governors have objected to loss of ratemaking authority and possible subsidization of infrastructure development by regions not receiving benefits. The report sought by the committee bill would need to be filed 90 days prior to the market rules' finalization.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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